Ola Electric share price dropped sharply on June 23, 2025, falling by 6.1% to hit an all-time low of ₹43.2 on the BSE. This steep fall came amid large trades in early market hours.
At 10:52 AM, Ola Electric share price was down 4.64% and was trading at ₹43.93.
By 9:32 AM, around 15.5 million shares were traded on the BSE and 36.6 million shares on the NSE. At the same time, the stock was trading at ₹44.09—down 4.26% on the BSE. In comparison, the BSE Sensex was down by just 0.84%, showing that the drop in Ola Electric shares was company specific.
The sudden slump in Ola Elecric share price came after 0.8% equity changed hands in multiple block deals, as reported by Bloomberg. However, the buyers and sellers remain unidentified, which added to investor uncertainty.
According to the March 2025 shareholding data, promoters held a 36.78% stake, and mutual funds held 2.6% in the company.
The company’s Q4 results were disappointing:
Net loss widened to ₹870 crore from ₹416 crore a year ago
Revenue from operations dropped 59.5% to ₹611 crore from ₹1,598 crore in Q4FY24
This sharp fall in revenue and rising losses have raised concerns among investors about the company’s financial health.
Despite poor financial results, Ola Electric delivered 359,221 electric vehicles in FY25—a 9% increase from FY24. The company also reported a 38% YoY improvement in gross margins for FY25, showing some signs of operational improvement.
Founded by Bhavish Aggarwal, Ola Electric is based in Bengaluru and focuses on producing electric two-wheelers like the Ola S1 series. It plans to expand into electric motorcycles and three-wheelers to support India’s green mobility mission.
Read more: Gold and Silver Prices Trade Flat: Check Rates in Your City on June 23, 2025
Ola Electric’s strong position in the EV market hasn’t shielded it from investor concerns following poor Q4 results and unknown block trades. The company now needs to regain investor confidence by improving financial performance and ensuring transparency in share movements.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jun 23, 2025, 11:09 AM IST
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